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After months of discussions, parts maker Delphi came to an agreement with the United Auto Workers last week. But the UAW will be looking for better deal when it sits down to renegotiate with the Big Three automakers later this month, Alisa Roth reports.

The U.S. auto industry is in trouble, and that means trouble for UAW members. It's a far cry from the heady days when the union could all but call the shots when negotiating with the Big Three. Alisa Roth reports.

U.S. automakers are banking zero percent financing and rebates to clear their showrooms of 2007 model cars. Ford starts its sale today. GM did it two days ago. But what's this? Even Toyota's getting into the rebate game, Jeremy Hobson reports.

The Senate last week passed an energy bill which would up the minimum fuel economy standards for automakers to a fleetwide average of 35 mpg. The auto industry hopes to remove that requirement in the House this week. Rachel Dornhelm reports.

The largest U.S. auto parts maker may get its wish to slash wages by as much as half. Delphi and the United Auto Workers reportedly are very close to reaching a new labor contract deal. And workers are expected to accept it, Jill Barshay reports.

News that Ford's trying to unload its British luxury brands Land Rover and Jaguar set off alarms among U.K. labor unions. They're lobbying hard to keep the companies out of the hand of private equity. Stephen Beard reports.

The Senate is working on an energy plan that would set new fuel economy standards for automobiles. Commentator Ben Stein says he's all for sound energy policy, but lawmakers are going about it all wrong.

The automaker is looking to sell its high-end brands Land Rover and Jaguar. The move is probably about concentrating on volume back home says analyst Andrew Wright, but Ford is taking a risk driving away from the luxury and SUV markets.

Funny what labor and management are capable of when both sides are afraid of losing big. Detroit's Big Three automakers and the United Auto Workers may have actually found a win-win solution to fast-rising health care costs. Steve Tripoli has details.